Michigan’s Most Popular Cryptocurrencies: Study Results May Surprise You
A new study has shed light on the most popular cryptocurrencies among residents of Michigan. What Happened: The study by Bombastic.com, which analyzed Google search data over the past year, revealed a mix of established players and rising stars capturing…
Bitcoin Drops 5%: ‘Corrections Are Normal, Buy The Bitcoin Dip,’ Says Popular Analyst
Renowned crypto analyst Michaël van de Poppe on Tuesday shared insights on the current state of the Bitcoin (CRYPTO: BTC) market, urging investors to see the recent dip as a buying opportunity and recognize corrections as a regular part of…
Ethereum holders, forget hitting $4K; Will ETH’s price hold on to $3K?
Ethereum could see its market structure flipped bearishly upon a descent below $3050. The momentum and selling pressure were rising steadily and could force more losses. The past 24 hours saw a strong wave of selling pressure. Bitcoin [BTC] and Ethereum [ETH] noted losses…
Bitcoin records two outflows from Coinbase in a week: What’s going on?
Bitcoin has seen two large outflows from Coinbase in the last week. There has been a corresponding spike in the exchange’s premium index. On the 1st of April, Bitcoin [BTC] recorded its second-largest outflow from leading cryptocurrency exchange Coinbase, CryptoQuant’s data showed….
Where Bitcoin is going to be in 10 years…especially if it teams up with AI
For some, it’s a bubble, for others, it’s a huge investment opportunity. Bitcoin went a lot further than many would have imagined in January 2009, but it has yet to show its full potential. The traditional financial industry has already…
Bitcoin, Ethereum, Dogecoin Dip Amid High Selling Pressure: Analyst Says King Crypto Will Not See Highs ‘Unless $69K Breaks’
Major cryptocurrency took a hit on Tuesday evening, as Bitcoin encountered selling pressure leading as halving approaches. What Happened: The leading cryptocurrency dropped 5.7% to $65,742, bringing an end to the week-long consolidation between $68,000 and $72,000. Bitcoin’s upcoming halving…
Popular Crypto Analyst On Holding Bitcoin: ‘It’s Like Chewing Glass 75% Of The Time, Then Snorting Cocaine For The Last 25%’
Renowned crypto analyst Willy Woo recently shared his perspective on the extreme nature of holding Bitcoin (CRYPTO: BTC), likening it to a mix of enduring hardship and exhilarating reward. What Happened: On Tuesday, Woo took to Twitter to express his…
Cathie Wood’s ARK Bitcoin ETF Posts Record $87M Outflow As Crypto Market Faces Correction
Cathie Wood’s ARK 21Shares Bitcoin ETF ARKB (BATS:ARKB) reported significant outflows of capital, recording a loss of $87 million on Tuesday. What Happened: This figure, translated into Bitcoin (CRYPTO: BTC), is approximately 1,300 BTC, as per the preliminary figures released…
Bitcoin, Ethereum racing to ‘a billion at 2x speed of Internet’ on this front
Global crypto users crossed the 500 million mark at the end of 2023. Bitcoin maximalist Raulo Pal believes the number of users could hit 1 billion by 2025. After an impressive 60% rally in Q1 2024, Bitcoin [BTC] had a slight setback…
Bitcoin: Is a BTC market dump incoming after latest ‘Silk Road’ move?
A wallet tagged as belonging to the U.S. government moved 30,175 bitcoins on Tuesday. Some 2,000 of the bitcoin were moved to a wallet identified as being to Coinbase, with the rest to another government-tagged wallet. A wallet tagged as…